SMT.JAMMELA S,KOLLAM vs. THE DCIT, KOLLAM
In the result, appeal of the assessee is allowed
ITA 463/COCH/2019[2007-08]Status: DisposedITAT Cochin10 Oct 2019AY 2007-08
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
Section 143(3)Section 271Section 27l(1)(c)
27l(1)(c) of the I.T. act were initiated vide letter
dated 23.02.2012, and it was proposed to levy 200% penalty in the quantum of 2
I.T.A. No.463 /Coch/2019
income concealed/for which inaccurate particulars were given. The assessee vide
reply dated 24.02.2012 stated that the addition and disallowances sustained in
appeal does not warrant imposition of penalty. The relevant points